New Issue: GS Finance prices $55.40 million trigger PLUS tied to Euro Stoxx 50

By Marisa Wong

Los Angeles, April 5 – GS Finance Corp. priced $55,398,000 of 0% trigger Performance Leveraged Upside Securities due April 5, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

The securities are guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 203% of the index return. If the index declines by 30% or less, the payout will be par. If the index declines by more than 30%, investors will lose 1% for every 1% that the index declines from its initial level.

Goldman Sachs & Co. LLC is the underwriter with Morgan Stanley Wealth Management as dealer.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$55,398,000
Maturity:	April 5, 2027
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 2.03 times any index gain; par if the index declines by 30% or less; otherwise, 1% loss for every 1% index decline from its initial level
Initial index level:	3,919.21
Trigger level:	2,743.447, 70% of initial level
Pricing date:	March 31
Settlement date:	April 7
Underwriter:	Goldman Sachs & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	3.85%
Cusip:	36259Y727

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